Global Menthol Market was valued at USD 4.5 billion in 2023 and is expected to reach up to USD 7.4 billion in 2030, growing at a CAGR of 4.9% during the forecast period 2025-2030.
The Global Menthol Market was valued at USD 4.5 billion in 2023 and is expected to reach up to USD 7.4 billion in 2030, growing at a CAGR of 4.9% during the forecast period 2025-2030.
The Menthol Market refers to the market of specific type of essential oil that is produced from the Mentha plant, commonly known as mint. It is unique for its healing properties as well as its invigorating fragrance. Ideally, Menthol refers to the extract from the Mentha Arvensis plant. Mentha Oil is widely used in the pharmaceutical sector due to its anti-inflammatory, analgesic, and decongestant effects.
Browse 62 market data Tables and Figures spread through 198 Pages and in-depth TOC on Global Menthol Market By Type (Synthetic and Natural), By Application (Pharmaceuticals, Food and Beverage, Oral Hygiene, Aromatherapy, Cosmetics and Flavour and Fragrance) and By Geography (North America, Asia-Pacific, Europe and Rest of the World) - Global Forecast from 2025 to 2030.
Global Menthol Market Segmentation and Key Players
|
Segment / Key Players |
Categorization |
|
Type |
Synthetic and Natural |
|
Application |
Pharmaceuticals, Food and Beverage, Oral Hygiene, Aromatherapy, Cosmetics and Flavour and Fragrance |
|
Key Players |
Warner Graham Company, Takasago International Corporation, Barnet Products Corporation, BASF SE, Agson Global, Symrise AG, NecLife, Tienyuan Chem, Fengle Perfume, Yinfeng Pharma, Great Nation Essential Oils, Xiangsheng Perfume, Ifan Chem, Arora Aromatics, Nantong Menthol Factory Co. Ltd., Bhagat Aromatics Ltd., Agson Global Pvt. Ltd., Mentha & Allied Products Pvt. Ltd. |
By type, natural dominate the global menthol market
The natural segment held a sizably large sales share in the global menthol market. The natural menthol segment is anticipated to increase due to the rising demand for organic and natural products.
“Asia Pacific is anticipated to register the fastest CAGR during the forecast period, i.e., 2025-2030 in the global menthol market.”
Asia Pacific Menthol Market dominates the market due to the diverse and large market spread over densely populated countries like China, India, Japan, South Korea, South-East Asia, and rest of Asia Pacific.
Some of the key players in the Menthol Market are Warner Graham Company, Takasago International Corporation, Barnet Products Corporation, BASF SE, Agson Global, Symrise AG, NecLife, Tienyuan Chem, Fengle Perfume, Yinfeng Pharma, Great Nation Essential Oils, Xiangsheng Perfume, Ifan Chem, Arora Aromatics, Nantong Menthol Factory Co. Ltd., Bhagat Aromatics Ltd., Agson Global Pvt. Ltd., Mentha & Allied Products Pvt. Ltd.
Recent Developments by Key Players
Takasago International Corporation (Japan-based manufacture and marketing of flavors, fragrances, aroma chemicals, fine chemicals) has inaugurated Takasago International India Fragrance Centre (TIIFC) in Mumbai TIIFC consists of fragrance research, creation and development and sensory evaluation of the fragrance products in an R&D set-up by the trained professionals.
Global menthol market coverage (By Value)
- Type Insight and Forecast 2025-2030
- Synthetic
- Natural
- Extraction Methods Insight and Forecast 2025-2030
- Steam Distillation
- Solvent Extraction
- Mint Type Insight and Forecast 2025-2030
- Peppermint
- Spearmint
- Quality Standards Insight and Forecast 2025-2030
- ISO Certification
- Food Grade and Pharmaceutical Grade
- Application Insight and Forecast 2025-2030
- Pharmaceuticals
- Food and Beverage
- Oral Hygiene
- Aromatherapy
- Cosmetics and Flavour
- Fragrance
Geographical Segmentation
Global Menthol Market by Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia-Pacific (APAC)
- China
- Japan
- India
- Rest of the World
- Brazil
- Saudi Arabia
- South Africa
- U.A.E
- Other Countries